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Plano 60545
1057 Wright Court
$355,000
● House - Off Market

1057 Wright Court

Plano, IL 60545
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,072 Ft²
$2,556
Est. Monthly
$40
HOA / Fees
8.79%
Cap Rate

About This Property

Beautiful and spacious home situated on a large lot in a quiet cul-de-sac in Lakewood Springs! Home features 4 bedrooms, 2.5 bathrooms, and almost 3000 square feet of finished living space which includes the finished basement with a large recreational room as well as an additional bonus room that could be used for a home office, home gym, game room, etc. The spacious and fenced backyard, with a large concrete patio is perfect for entertaining in the warmer months. Recent updates include: BRAND NEW ROOF (2024) and window screens (2024). Solid 6-panel oak doors and oak trim throughout add warmth and quality. Enjoy access to parks, community pool, clubhouse, and more in this great community. Don't miss out-schedule your showing today!
Unit Size
2,072 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$797
HOA Dues
$40
Year Built
2007

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,036
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,355
  • Total Building Area: 3,549
  • Gross Building Area: 3,549
  • Building Area: 2,072
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,072
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD SPRINGS
  • Land Acres: 0000000238
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1417 LAKEWOOD SPRINGS UNIT 6 CITY OF PLANO

Neighborhood

  • School District Name: Plano Community Unit School District 88
  • Census Tract: 890502

Geography

  • Assessors Map Reference: 3259-B5
  • Parcel: 01-21-206-001
  • Lot: 1417
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.674
  • Longitude: -88.5502

    Address

  • Full Address: 1057 Wright Ct
  • Address - House Number: 1057
  • Address - Street Name: Wright
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Plano
  • Carrier Code: R003
  • 4-Digit Zip Code: 3021
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $924,818
  • Tax Rate Code Area: LR003

    Appraisal Valuation

  • Standard Deviation: 0.1265
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 85
  • Final Value: 302,154
  • High Value: 340,383
  • Low Value: 263,924

    Market Valuation

  • Market Total Value: $239,139
  • Market Land Value: $22,830
  • Market Improvement Value: $216,309

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,713
  • Assessed Land Value: $7,610
  • Assessed Improvements Value: $72,103

    Sales

  • Current Sale Contract Date: Aug 30, 2007
  • Current Sale Recording Date: Sep 26, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200700028950
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Plano

Stats & Trends

Median Asking:

$286,950

Sale Price/ft²

$191

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1887 ft²

Average Home Age

23.5 years

Currently For Sale

16 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Chris McGary, eXp Realty
Data Source: MRED, MLS# MRD12378519
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1057 Wright Court built and last sold?
The property at 1057 Wright Court was built in 2007 and last sold on Aug 30, 2007 for $198,500.
How much is this home worth?
The estimated value of the home located at 1057 Wright Court is $353,590.
What are some comparable homes to 1057 Wright Court?
There are currently no comparable homes to 1057 Wright Court.
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